Well Established Florists With Teleflorist Agency For Sale

Business description

Forecourt used for display purposes to -

SPACIOUS SALES SHOP, new non-slip floor, fluorescent lighting. Well equipped including counter, 3-door glass fronted upright display fridge (used for flowers), electronic cash register, CCTV system with 2 cameras, monitor plus recording.

WORK ROOM with basin

Staff cloakroom with w.c. and wash hand basin

Property information

Property:

Leasehold

Lease terms:

We understand the entire premises are held on a secure renewable lease from a private landlord, the present lease having approximately 12 years unexpired at a rental of £12,000 p.a. exclusive of rates for the next 2 years, with rent review at that time and thereafter every 5 years. (As will be appreciated with the current rental income from the accommodation over of £11,180 p.a. (including gas & electricity bills), the net rental payable at the present time is only £820 p.a. exclusive of rates).

Uniform Business Rates: £1,080 p.a. approx (after small business relief)

OUTSTANDING OPPORTUNITY TO ACQUIRE A WELL EQUIPPED FLORISTS IN THIS EXCELLENT MAIN ROAD TRADING POSITION.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Living accommodation:

The SELF CONTAINED accommodation has recently been refurbished is fully furnished and has FULL GAS FIRED CENTRAL HEATING, is at present let on a shorthold tenancy and we understand provides a current rental income of £215 p.w. (including gas & electric bills), however, we understand that vacant possession can be given on completion, if required. The accommodation comprises: 3 Bedrooms (2 doubles, 1 single) Bathroom with bath, w.c. and wash hand basin (modern suite) Lounge Kitchen

Location:

Situated in a parade, main road trading position, SOUTH EAST LONDON,

Business Operation

Expansion potential:

WE ARE INFORMED the turnover averages £1,800/£2,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 40% approx.

Reasons for selling:

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £40,000 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

Monday - Saturday inclusive - 8.30 a.m. - 5 p.m.
NO SUNDAY TRADING

Employees:

The business is at present operated by the vendor (working 4 days per week) plus 1 part time staff.

Other information

Financing available:

Please call Nationwide Businesses who will be pleased to help you with finance